Question
A manufacturer of high-quality flatbed scanners is trying to decide on a price for its product. Production costs and product demand are assumed as follows:
A manufacturer of high-quality flatbed scanners is trying to decide on a price for its product. Production costs and product demand are assumed as follows: CT 500,000 0.85Q 0.015Q2 Q14,166 16.6P a. Determine the short-run profit-maximizing price. B. Plot this information to show TAC, CVP, MC, P, and MR.
I need to make the graph in excel, but I don't understand what information or number is used to make the graph. If you can help me with that information to be able to make the lines of the graph.
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The Economics of Public Issues
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
19th edition
134018974, 134018973, 9780134020532 , 978-0134018973
